FanDuel Sportsbook Bet $5, Get $150 Bonus – How to Claim Your Bonus
Last updated August 15, 2025

FanDuel’s Bet $5, Get $150 Bonus is a fantastic way to get started with sports betting. With a small $5 wager, you can unlock $150 in bonus bets. You don’t have to enter any promo code. Just create your account, add at least $10, and place a $5 bet on whatever game you like.
This deal lets you jump in with just five bucks. If your first bet wins, you get $150 in bonus bets to play around with. You’ve got a week to use them. On top of that, you also get three months of NBA League Pass, which is great if you want to watch more hoops without paying extra.
How FanDuel Bet $5, Get $150 Bonus Works
How it works is pretty simple. Place your first $5 bet. If it hits, the bonus kicks in. The credits give you more ways to try different bets, and there are often better odds on big games too.
And the NBA League Pass? That’s a nice add-on. You’ll be able to catch games live, which makes it a lot more fun to follow your bets. Here's what to do next.
🎯 How to Claim Your $150 Bonus
- Create an account: Sign up as a new user with FanDuel.
- Put down your first $5 bet. You can go with the NBA, NHL, or pretty much any sport you like.
- Next, the odds get boosted big time. That’s what helps turn a small bet into that $150 in bonus credits.
- And if you're betting on basketball, there’s more. You also get three months of NBA League Pass tossed in. That means live games and a better way to follow along while your bets are in play.
📋 Key Details
Feature | Details |
Minimum Bet | $5 |
Bonus Amount | $150 in bonus credits |
Available Sports | NBA, NHL, and other sports |
30-1 Odds Boost | Boost your first bet to earn $150 |
NBA League Pass | Get guaranteed access with NBA bets |
FanDuel's Bet $5, Get $150 offer is perfect for newcomers looking to start their sports betting adventure with a big bonus. Place your bet, activate the odds boost, and enjoy the added benefits of watching NBA games live.
FanDuel $150 Bonus Sign Up Guide
Step by step registration process
To claim the FanDuel $150 bonus, enter details like your legal name, age, location, and banking information. Next, deposit at least $5 into your FanDuel account using a secure payment method such as PayPal, an online bank, or a debit card. This initial deposit will be your eligible wager for the "Bet $5, Win $150" promotion.
Bet $5 Win $150 Promo Terms & Conditions
- The bonus funds you receive are valid for seven days (168 hours) from the moment they are issued.
- If you win a wager using these bonus funds, note that the original $150 is not returned with your winnings. If you bet $5 on odds like +100, you’re looking at a $300 return, not $600. That’s because the $150 part comes in as bonus bets, not straight-up cash.
To get started, just create a FanDuel Sportsbook account and fill in your info. Then, place your first cash bet of $5 or more on any sport that’s available.

Deposit a minimum of $10 into your FanDuel Sportsbook account.

Put down at least $5 on any sport or event you can bet on.

If that first bet hits, you’ll get $150 in Bonus Bets within 72 hours. That’s on top of your regular payout.

No matter how your first bet goes, you’ll still get 3 months of NBA League Pass.

FanDuel Bet $5, Get $150 – How It Compares
This is one of the better welcome deals out there right now. It gives you a chance to build your balance with just five bucks. Want to see how it stacks up next to other sites? Here’s what to know before jumping in.
💡 Comparing FanDuel and DraftKings Bonuses
Both FanDuel and DraftKings provide valuable bonuses, each with their unique perks.
- FanDuel gives you $150 in site credit you can spread out however you like. You’re not limited to one type of bet or sport, which gives you a bit more freedom.
- With DraftKings, you usually get six $25 bonus bets. That setup gives you clear chunks to work with, which some people prefer.
While both bonuses are competitive, FanDuel appeals to those who want flexibility, while DraftKings caters to users who prefer a straightforward, structured bonus.
💰 Deposit Requirements to Maximize Your Bonus
FanDuel requires a $10 deposit to unlock the bonus, which is similar to major sportsbooks like BetMGM. This deposit amount is accessible for most bettors, giving you a solid start with a reasonable initial investment.
- DraftKings offers a $5 deposit for their new user bonus, which may be more appealing for those who want a lower initial stake. While FanDuel’s $10 entry is standard, DraftKings’ lower deposit could attract those who prefer a smaller initial commitment.
📅 Terms and Conditions: What to Know
Most sportsbooks, including FanDuel, BetMGM, and DraftKings, set a standard 7-day window for using bonus bets. This gives bettors a full week to strategize and place their bets.
- FanDuel follows this common practice, providing a fair and consistent timeframe for users to use their bonus bets. Be mindful of this timeline to make the most of your bonus and avoid any potential losses due to expiration.
🏆 FanDuel Promo Verdict: Why It Stands Out
FanDuel’s Bet $5, Get $150 Bonus stands out for its low risk and high reward. With just a $5 bet required to unlock $150 in bonus bets, it offers a 30/1 return rate, making it one of the more generous promotions on the market.
While the 7-day timeframe is standard, some users may prefer more time to use their bonus bets. Still, the combination of minimal risk and a substantial bonus makes FanDuel’s offer one of the best choices.
⭐️ Why We Rate FanDuel’s Bet $5, Get $150 Bonus 4.5/5
⭐ Sqore Promo Rating | 4.5/5 |
FanDuel’s Bet $5, Get $150 Bonus is one of the best promos available, and we rate it 4.5/5 for several reasons. The low buy-in makes it easy to try. Just a $5 bet can unlock $150 so anyone can jump in without needing a big budget.
Second, FanDuel’s flexibility with its bonus credits stands out. Unlike some other sportsbooks that limit your options, FanDuel gives you the freedom to use your $150 across multiple sports and events. This adds more value to the offer, letting users get creative with their bets.
The 30/1 odds boost is another reason for the high rating. It’s a generous return, giving you more bang for your buck compared to other bonuses. However, the 7-day window to use the bonus could be a bit more forgiving, which is why it didn’t quite score a perfect 5/5.
Pros & Cons of FanDuel Bet $5, Get $150 Bonus
FanDuel’s Bet $5, Get $150 Bonus is a highly appealing offer, especially for those new to sports betting. However, like any deal, it comes with its upsides and downsides. Here’s an evaluation of the pros and cons of this bonus to help you decide if it’s right for you.
- Small Bet, Big Payout Potential
You don’t have to spend much to get started. A $5 bet is all it takes, and if it hits, you’ll have $150 in bonus bets to work with.
- Flexibility in Bet Usage
You’ll get the bonus as site credits, which you can use to place bets on all sorts of sports and games. It gives you some room to try different things and see what works.
- Generous Bonus Amount
For a small initial bet, the $150 bonus is a solid offer. It provides plenty of opportunities for new users to test out FanDuel’s offerings, try different betting strategies, and gain confidence in their betting skills.
- No Promo Code Needed
One of the most appealing aspects of this promo is that you don’t need a promo code to claim it. Just sign up, add some funds, and place your first bet.
- Quick Payout
Once your first bet wins, you’ll get your bonus in 72 hours. This relatively fast payout means you don’t have to wait long to use your bonus funds and start placing more bets.
- Must Win Your First Bet
The catch is that your first bet has to win before you get the $150 bonus. While the offer is great, if your first bet doesn’t hit, you won’t receive the bonus. This adds a bit of pressure on that first wager.
- Bonus Bets Can’t Be Withdrawn as Cash
While the bonus is useful for placing more bets, you can’t withdraw the bonus credits as cash. You need to use them to place additional wagers, which might not appeal to those who want cash directly.
- Limited Timeframe
The bonus bets must be used within 7 days of receiving them. Some might find the one-week limit a bit tight, especially if betting isn't part of their daily routine.
- Available Only for New Users
This deal is only meant for new users. If you already have a FanDuel account, you’ll need to check out other promos instead.
Where Is the FanDuel Bet $5, Get $150 Offer Available?
FanDuel’s Bet $5, Get $150 deal can be picked up in many states where sports betting is allowed. So, if you're looking to take advantage of this deal, here’s where you can claim it.
🏛️ Legal States Offering the Bonus
This offer is available in many legal states where FanDuel operates. Here’s a list of those states:
State | Availability |
Arizona | Yes |
Colorado | Yes |
Connecticut | Yes |
Illinois | Yes |
Indiana | Yes |
Iowa | Yes |
Kansas | Yes |
Kentucky | Yes |
Louisiana | Yes |
Maryland | Yes |
Massachusetts | Yes |
Michigan | Yes |
New Jersey | Yes |
New York | Yes |
North Carolina | Yes |
Ohio | Yes |
Pennsylvania | Yes |
Tennessee | Yes |
Vermont | Yes |
Virginia | Yes |
West Virginia | Yes |
Wyoming | Yes |
🛡️ Legality and Safety
They’re active in every state that has given the green light to legal sports betting. The company complies with state-specific laws and works hard to provide a safe and secure environment for bettors. Here’s what you can expect:
- Licensed and Regulated: FanDuel is fully licensed in each state where it operates, meaning your funds and personal data are protected by strict legal standards.
- Secure Transactions: Whether you're depositing or withdrawing, FanDuel uses industry-standard encryption technology to safeguard your financial details.
- Fair Play: FanDuel ensures fair odds and transparent rules, with all bets and promotions subject to the terms outlined on their site.
So, you can confidently bet in any of these states, knowing that FanDuel is operating legally and prioritizes your safety. Just make sure to double-check if your specific state is included in the offer before signing up.
Other FanDuel Bonuses and Ongoing Promotions
FanDuel's Bet $5, Get $150 Bonus is a standout offer for new users, but it’s not the only great deal available. If you’re looking to get the most out of your bets, FanDuel has a range of exciting bonuses and promotions to help you along the way. Here’s a look others bonuses you can claim!
💥 Bet $5, Get $200 Bonus
In addition to the $150 bonus, FanDuel also offers a Bet $5, Get $200 promo. This is another popular deal for new users:
- Register and deposit at least $10.
- Place a $5 bet on any sport.
- If the bet wins, you’ll get $200 in bonus bets.
This offer is nearly identical to the $150 bonus but gives you even more in bonus credits. It’s a fantastic way to boost your starting funds and gives you plenty of opportunities to explore FanDuel’s betting options.
💰 $1,000 Risk-Free Bet
If you’re just starting out and want to make your first bet with a bit of a safety net, the $1,000 Risk-Free Bet is a great option. Here’s how it works:
- Place your first bet on any sports event.
- If your bet loses, you’ll get back the amount (up to $1,000) in site credit.
It’s a straightforward deal that lets you try again if your first bet doesn’t hit. If you're in a state where FanDuel operates, you can use this promo to test the waters with less risk.
📈 Parlay Insurance
For those who like placing parlays, Parlay Insurance is an excellent option. Place a parlay with 4 or more legs, and if just one leg loses, you’ll get up to $25 in site credit.
Parlay Legs | Refund |
4+ legs | Up to $25 in site credit |
👥 Refer a Friend Bonus
FanDuel gives a little something to both you and your friend when they join and place their first bet. It’s a simple way to earn extra bonuses while helping your friends get started.
Referral Bonus | Requirements |
Up to $50 | Friend must place a $10 bet |
💥 Same-Game Parlay + Bet Boosts
FanDuel often runs Same-Game Parlay Boosts and Bet Boosts on select sports events. These boosts give you better odds, making it a great way to maximize your payout. Keep an eye on these promotions to see when they’re available.
Event | Boost Type |
Major sports events | Same-Game Parlay Boost |
Select games | Bet Boosts |
FanDuel Banking Options
When you’re adding money to your account or cashing out a win, FanDuel keeps it simple. The payment methods are safe, and it doesn’t take much effort to get things done.
💰 Deposit Methods at FanDuel
FanDuel provides multiple ways to fund your account, so you can choose the method that works best for you. Here are the main deposit options available:
Deposit Method | Details |
Credit/Debit Cards | Visa, MasterCard, and Discover are accepted for fast deposits. |
PayPal | A popular option for secure and easy deposits. |
Bank Transfers | Direct transfers from your bank account, usually processed within 1-3 business days. |
FanDuel Prepaid Card | FanDuel’s own card for easy deposits and withdrawals. |
ACH/eCheck | A simple, direct transfer from your bank account. |
Online Banking | Allows for quick deposits via your bank’s online service. |
💸 Withdrawal Methods at FanDuel
Taking out your winnings is just as straightforward as putting money in. FanDuel lets you choose from a few different ways to get your cash. Here are the most common ones:
Withdrawal Method | Details |
PayPal | A fast and secure way to receive your winnings. |
Bank Transfers | Typically takes 3-5 business days to process. |
FanDuel Prepaid Card | Instant access to your funds with the FanDuel card. |
Check by Mail | A physical check sent to your address, typically taking 7-10 business days. |
ACH/eCheck | An electronic withdrawal from your bank account, usually processed in 1-3 business days. |
🛡️ Security and Safety of Banking at FanDuel
FanDuel prioritizes the safety of your financial transactions. Here’s how they keep your funds secure:
- SSL Encryption: All transactions are protected with high-grade SSL encryption, ensuring your banking details stay safe.
- Bank-Level Security: FanDuel follows industry-standard security protocols, including two-factor authentication for account protection.
💡 Tips for Managing Your FanDuel Account
- Set Limits: It’s easy to set deposit limits or track your spending, helping you stay in control of your budget.
- Check for Fees: Some deposit methods, like credit card transactions, may incur a small fee. Always review the terms before making a deposit.
- Withdraw on Time: Remember, withdrawals can take a few business days, so plan accordingly if you need the funds fast.
Top questions about the FanDuel Bet $5 Get $150 bonus
Can I bet more than $5?
Yes, you can bet more than $5 with the FanDuel Bet $5 Get $150 offer. While $5 is the minimum required to qualify for the bonus, there is no limit on how much you can bet on your first wager. However, the $150 in bonus bets will only be awarded once, regardless of the amount wagered beyond $5. This means you have flexibility in how much you want to bet initially, depending on your personal betting strategy.
Is the FanDuel Bet $5 Get $150 offer only valid for new users?
The FanDuel Bet $5 Get $150 offer is exclusively available to new users. To qualify, you must create a new FanDuel Sportsbook account and place an initial cash wager of $5 or more. This promotion is intended to welcome new customers, so existing users are not eligible for this bonus. It applies only to your first bet, and you will receive $150 in bonus bets regardless of whether your wager wins or loses.
How to get more bonus bets on FanDuel?
To get more bonus bets on FanDuel, you can take advantage of ongoing promotions and special offers. These promotions often require you to opt in and complete specific activities, such as placing a qualifying bet or participating in a featured event. Once you fulfill the requirements, the bonus bets will automatically appear in your account. Additionally, keep an eye on seasonal promotions, loyalty rewards, and other special offers to maximize your bonus bet opportunities.
Is there a limit you can bet on FanDuel?
Yes, FanDuel does have betting limits that vary depending on the type of wager. For most major markets, the limit is set at $1,000,000. However, for more specialized or niche markets, the limits are lower, typically ranging from $250,000 to $500,000. These limits ensure fair play and responsible betting across all types of wagers on the platform.
How long does FanDuel take to pay out?
FanDuel payout times vary depending on the withdrawal method used. Once a withdrawal request is approved, which can take up to 48 hours, payment methods such as Online Banking, PayPal, Venmo, Debit Card, and FanDuel Prepaid Play+ can process in as little as one hour. However, depending on your bank or payment provider, it may take up to five business days for the funds to appear in your account.
